Global fund is lending near record US$150bil
The International Monetary Fund (IMF) is lending near a record amount to almost 100 countries, evidence of its growing role…
Category: Economy
IRS chief sees workforce topping 100,000 in three years
The US Internal Revenue Service (IRS) commissioner Danny Werfel says that the tax agency will need to boost its workforce…
China seen leaving benchmark lending rates unchanged in March
SHANGHAI/SINGAPORE: China is widely expected to leave benchmark lending rates unchanged on Wednesday, a Reuters survey showed, as the central…
US retail sales rebound in February; weekly jobless claims fall
WASHINGTON: U.S. retail sales rebounded in February, driven by increases at auto dealerships and gasoline service stations, but consumer spending…
Expansion in global PMI a boon for Malaysia
Malaysia’s industrial production index (IPI) is expected to gather steam this year in line with better global manufacturing purchasing managers’…
Global fuel prices are surging on supply risks
Disruptions on the world’s major trade routes, refinery closures and resurgent demand are pushing up global fuel prices and making…
Chip upcycle under way
With global semiconductor sales in January growing at the fastest pace in 20 months, this likely marks the beginning of…
Ringgit to strengthen on impending US rate cuts
Investors are advised to be vigilant as the US economy remains at risk of a rough landing this year as…
Wine industry toasts possible end to China tariffs
Australia’s wine industry toasted news that China could lift punitive tariffs within weeks, raising hopes it will soak up some…